Thursday, July 21, 2011

Dodd-Frank: One Year Later

For Dodd-Frank’s one-year anniversary, I did an interview with Mike Konczal on how the first year went. You can read the interview here. Unlike the vast majority of commentators who have been talking about Dodd-Frank this week, I’ve been following the rulemaking process very closely (as regular readers know), and I have some positive things to say.

You should also read Mike’s interview with Marcus Stanley, who is the legislative director for the progressive group Americans for Financial Reform. Like me, he’s intimately familiar with the Dodd-Frank rulemaking process, and he also has positive things to say. Funny how that works!

28 comments:

Don said...

To be fair, many of us arguing the following believe that the Banks will whittle down the teeth of Dodd-Frank over time:

"I think that the big banks’ political power, especially after the crisis, is massively overrated by pundits, and I think the interchange vote proved this."

I won't mind being proven wrong, & I do consider Dodd-Frank an improvement.

Don the lib Dem

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Thank you for the very informative interview

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